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Session Laws, 1892
Volume 397, Page 167   View pdf image (33K)
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FRANK BROWN, ESQUIRE, GOVERNOR.

167

CHAPTER 124.


AN ACT supplemental to an act, passed at the January


session eighteen hundred and ninety of the General


Assembly of Maryland, chapter 130, entitled " an act to


provide for the purchase and construction of water works


for the town of Frostburg, in Allegany County, and to


authorize the mayor and councilmen of said town to issue


bonds to pay the cost thereof," empowering the mayor and


councilmen of said town to issue additional bonds to com-


plete said water works, and to amend said act by abol-


ishing the " Frostburg Water Board " provided for therein,


Whereas, chapter 130 of the acts of Assembly of the year


eighteen hundred and ninety, the mayor and councilmen


of Frostburg are authorized to issue the bonds of said


town to an amount not exceeding $40,000.00, and with the


proceeds thereof to provide said town with water by the


purchase or construction of water works ; and whereas,


the Frostburg Water Board created by that act has con-


structed said works which are no win operation, but have


exhausted the fund provided by the sale of said bonds in


the construction of the same ; and whereas, it is estimated


that it will still require a large sum to properly complete


and equip said works so as to afford all the inhabitants of


said town with an adequate and constant supply of water ;


and whereas, the work of said water board in construct-


ing and equipping said water works will be finished in


one more year, and thereafter the services of said water


board can be dispensed with and the said water works it is


believed can be efficiently managed by the mayor and


councilmen of said town as herein provided ; therefore,


SECTION 1. Be it enacted by the General Assembly, of


Maryland, That the mayor and councilmen of Frostburg, in ,


Allegany County, are hereby authorized and empowered to


issue additional coupon bonds of said town to an amount


not exceeding $15,000.00 which said bonds shall be signed


by the mayor and clerk of said town and sealed with its

Mayor and
council of

corporate seal, and shall be denominated " Frostburg water

Frostburg
authorized

bonds of 1892," and bear interest not exceeding six per cent.

to issue

per annum, payable semi-annually, to be issued in denomi-

bonds.

nations not exceeding $500.00, and to be payable not


exceeding thirty years from date and redeemable at the




 
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Session Laws, 1892
Volume 397, Page 167   View pdf image (33K)
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